145
145
Nov 30, 2012
11/12
by
FOXNEWSW
tv
eye 145
favorite 0
quote 0
if you look at the tax side, the president campaigned on raising taxes but high talked about raising them to the tune of $800 billion. instead, what was put on the table is double that, $1.6 trillion in new tax increases. the president, though, out there upsetting republicans because he is outcampaigning again and he said i missed being out here on the trail. so rather than negotiating with republicans he was on the road in pennsylvania and saying i ran on this in terms of raising taxes. it is time to collect. >> at the end of the day, a clear majority of americans, democrats, republicans, independents, agreed with a balanced approach to gift reduction and making sure the middle class taxes don't go up. folks agreed to that. now the good news is we are starting to see a few republicans coming around to it, too. >>reporter: nancy pelosi has a news conference and added that elections have consequences. the democrats now think they can push their agenda through but republicans are saying when the democrats ran on the balanced approach it was not just tax increases but spending cuts, as
if you look at the tax side, the president campaigned on raising taxes but high talked about raising them to the tune of $800 billion. instead, what was put on the table is double that, $1.6 trillion in new tax increases. the president, though, out there upsetting republicans because he is outcampaigning again and he said i missed being out here on the trail. so rather than negotiating with republicans he was on the road in pennsylvania and saying i ran on this in terms of raising taxes. it is...
81
81
Dec 6, 2012
12/12
by
WBAL
tv
eye 81
favorite 0
quote 0
. >> president obama says he's trying to highlight the impact of the tax hikes on the middle class. but the growing pressure from washington to stop the campaigning and sit down face-to-face. president obama headed to northern vavevave. he sat down with tiffany and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessary because democrats and republicans are not coming together to solve the problem gives you a sense of the cost. >> tiffany used twitter to tell the president that her family can't afford the tax increase. back in washington, more gridlock. >> it up to the republicans to decide how long it is going to take. >> the president, he isn't interested in a balanced agreement. >> with both sides stuck on the tax hikes for the top 2%. >> i think it can be done before it does significant damage. >> he warns that they should have over a month to negotiate in 2013 before the economy falls a part. >> by mid-february it will do a lot of damage. >> anticipating the fiscal cliff and massive layoffs democrats called on lawmakers to extend jobless benefits th
. >> president obama says he's trying to highlight the impact of the tax hikes on the middle class. but the growing pressure from washington to stop the campaigning and sit down face-to-face. president obama headed to northern vavevave. he sat down with tiffany and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessary because democrats and republicans are not coming together to solve the problem gives you a sense of the cost. >> tiffany used...
395
395
Dec 7, 2012
12/12
by
WJLA
tv
eye 395
favorite 0
quote 0
. >> we turn to the growing fiscal cliff.the president obama took his pitch higher taxes to a fairfax county home. met with a family in falls church. mr. obama is pushing for a tax makease on garner's who than $250,000 a year. -- on earners who make more than two and $50,000 a year. spending cuts will go automatically into effect. maryland law makers are on guard martin o'malley and mike miller and michael bush were in annapolis while they discuss the financial fallout the state face. between 50,090 thousand jobs notd be lost if a deal is reached. -- 50,090 thousand jobs could deal is not reached. a new proposal could be families living in the bloomingdale section of town. is live.dfrey >> engineers call this area an anomaly. it is where three major storm drains throughout the city converge. is a flash flood, people do not have a chance. proposal is hoping to help .hose >> ryan describes the hisruction left behind when flooded four times a in for summer having dried out with no help from officials, e is one steph ahead. >> we will have to hold our breaths for next year and hope our pa
. >> we turn to the growing fiscal cliff.the president obama took his pitch higher taxes to a fairfax county home. met with a family in falls church. mr. obama is pushing for a tax makease on garner's who than $250,000 a year. -- on earners who make more than two and $50,000 a year. spending cuts will go automatically into effect. maryland law makers are on guard martin o'malley and mike miller and michael bush were in annapolis while they discuss the financial fallout the state face....
131
131
Dec 6, 2012
12/12
by
WBAL
tv
eye 131
favorite 0
quote 0
the vifert was meant to highlight the consequences of letting the tax cuts expire on the middle class. >> if this family has a couple thousand dollars throast spend it is what the consumers are going to be spending next year. >> democratic leaders are arguing in favor of a tax rate hike on the very rich. >> the people who are making this money are willing to pay the extra money. the american people believe they should pay the extra money. >> republican leaders labeling the president as a spendinged a dignity. >> it is about spending more than he already has. >> economists say that joint economic committee hearing turge two sides to compromise. >> you have to nail this down. >> one telling lawmakers it will take a combination of higher tax rates, tax reform, and spending cuts to avert the fiscal cliff. >> i think the president's proposal is short. i think to get where we need to get my $3 trillion target we need $1.2 trillion in spending cuts. >> a growing number of house republicans are open the raising tax rids on the wealthy but only if it is part of a larger reduction deal. >> auth
the vifert was meant to highlight the consequences of letting the tax cuts expire on the middle class. >> if this family has a couple thousand dollars throast spend it is what the consumers are going to be spending next year. >> democratic leaders are arguing in favor of a tax rate hike on the very rich. >> the people who are making this money are willing to pay the extra money. the american people believe they should pay the extra money. >> republican leaders labeling...
91
91
Dec 6, 2012
12/12
by
WUSA
tv
eye 91
favorite 0
quote 0
the current payroll tax cut is set to expire december 31st. in dollars and cents this means your payroll tax withholding is going from 4.2% to 6.2%. now why is this happening? many of the policies expiring at the end of the year like the payroll tax cut and emergency unemployment benefits were originally passed on a temporary basis. the thinking was that the economy would be in much better shape by now and the policies could expire without causing a recession. >> you can learn more any time at www.wusa9.com and on 9 news. this has been a 9 news fiscal cliff note. >>> sources tell the associated press president obama will ask the congress for $50 billion in the aftermath of superstorm sandy. now the late october storm was one of the worst to ever hit the northeast section of the country and out in crisfield, maryland, along the eastern shore there's plenty of debris out there. homeowners are still working to repair damage and waiting for any form of federal aid they can get. >>> one maryland community wants to take major action against a plant.
the current payroll tax cut is set to expire december 31st. in dollars and cents this means your payroll tax withholding is going from 4.2% to 6.2%. now why is this happening? many of the policies expiring at the end of the year like the payroll tax cut and emergency unemployment benefits were originally passed on a temporary basis. the thinking was that the economy would be in much better shape by now and the policies could expire without causing a recession. >> you can learn more any...
146
146
Dec 6, 2012
12/12
by
WJLA
tv
eye 146
favorite 0
quote 0
both jurisdictions have higher tobacco taxes. cigarette smuggling has dramatically increased in virginia because it is more profitable than drug dealing. >> president obama has declared a major disaster in d.c. after super storm sandy. this opens up federal money to help cover any emergency work and repairs from the powerful storm. the money will be used to invest in measures to protect against future disasters. more funds to open down the road depended on further damage assessment. >> coming up, an attempted steal thousands. police say someone tried to blow up an atm machine. >> starbucks can be expensive and not. we will tell you what the company wants you to spend $400 this holiday season. on one item. >> the showdown over the fiscal cliff. a new poll suggests president obama has the american people's support when it comes to taxing the wealthy. this poll shows nearly half of those surveyed once bush eras tax cuts to expire for those making more than $250,000 a year. the poll was taken last weekend. the questions did lean more
both jurisdictions have higher tobacco taxes. cigarette smuggling has dramatically increased in virginia because it is more profitable than drug dealing. >> president obama has declared a major disaster in d.c. after super storm sandy. this opens up federal money to help cover any emergency work and repairs from the powerful storm. the money will be used to invest in measures to protect against future disasters. more funds to open down the road depended on further damage assessment....
68
68
Dec 7, 2012
12/12
by
WUSA
tv
eye 68
favorite 0
quote 0
there are just 25 days to go now until the tax hikes and the budget cuts go into effect. that is unless our leaders can make a deal. the white house has made it clear, we could go over that cliff if republicans refuse to raise tax rates on the top 2% of american earners. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives awe sense of the costs involved in very personal terms. >> now, from the republican perspective they say they would like to close some loopholes and eliminate tax breaks but they insist that the bush-era tax cuts must be extended for all americans. >>> new at 11:00, president obama on the phone with the president of egypt, pressing him about protests that have now turned deadly. here's the scene in cairo. at least six people dead, hundreds more injured. the trouble all started when morrisey granted himself broad new powers. hat grown worse after he put in place a draft constitution that has divided the nation. morrisey has agreed to open a dialogue with the opposition leaders. >>>
there are just 25 days to go now until the tax hikes and the budget cuts go into effect. that is unless our leaders can make a deal. the white house has made it clear, we could go over that cliff if republicans refuse to raise tax rates on the top 2% of american earners. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives awe sense of the costs involved in very personal terms. >> now, from the republican...
182
182
tv
eye 182
favorite 0
quote 1
the president wants higher taxes on people making more than $250,000 a year. to make up $1.6 trillion in 10 years. republicans want to close loopholes, make half as much money and not raise taxes. >>> businessman greg hall files an appeal. neither should get the seat. the democratic central committee has nominated hall to replace alston. the judge ruled that governor omaley will pick the next one. >> a court battle between a home contractor and an unhappy customer. a judge in fairfax county has ordered a woman, the homeowner, to remove parts of her posts on yelp and on angie's list. jane perez is the homeowner. she complained about repairs. she also claimed that some of her jewelry disappeared while the contractor had the only other key to her home. the contractor is named christopher dietz. the judge says that the woman's po posts about her jewelry goes too far and she has to remove that part of her accusation. >> people have a right to write a review that's honest and truthful. if it's negative and true, that's fair. but when it's negative and true, that's n
the president wants higher taxes on people making more than $250,000 a year. to make up $1.6 trillion in 10 years. republicans want to close loopholes, make half as much money and not raise taxes. >>> businessman greg hall files an appeal. neither should get the seat. the democratic central committee has nominated hall to replace alston. the judge ruled that governor omaley will pick the next one. >> a court battle between a home contractor and an unhappy customer. a judge in...
226
226
Dec 7, 2012
12/12
by
WBFF
tv
eye 226
favorite 0
quote 0
tax cut... for... someone ... making ...35- thousand... a year. obbma ssys: "i'm not going to sigg any paakage that somehow going up for folks at the top 2 percent." percent."boeener ssys: "there are ways to limit deductionss, close loopholes, and have the same people pay more moneyyto the feeeral goveenment without raising tax rates." rates." presiiential authority... to raise the debt ceiling.... is... part of... president obama's.... and... almost ...got aavote... in the senate - / but... was stopped ...at with.... a ... financial showddwn... in... wasington... going... on now, ...// increases... bill... are... definitely... on the table...///. tonight... we... look... at one program .../ thht's... becoming... morr costly ... minute 3 3 reportingi'm patrice sanders reporting 3 reporting 3 &p the... demand... for food stamps.... no... signs of slowinna./ 22,,00 people... per day .../ apply... for food stamps 33 somebody... somebbdy just ot shot on morgan's campus campushear the 9-1-- calls... from the shooting at morgan state uniiersity...new at
tax cut... for... someone ... making ...35- thousand... a year. obbma ssys: "i'm not going to sigg any paakage that somehow going up for folks at the top 2 percent." percent."boeener ssys: "there are ways to limit deductionss, close loopholes, and have the same people pay more moneyyto the feeeral goveenment without raising tax rates." rates." presiiential authority... to raise the debt ceiling.... is... part of... president obama's.... and... almost ...got...
112
112
Dec 6, 2012
12/12
by
WBAL
tv
eye 112
favorite 0
quote 0
loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue for everyone. more downsizing -- news from citigroup. they announce they are cutting 11,000 jobs worldwide. they're closing branches. a spokesperson says less than 1% of 3600 citibank employees in maryland will be laid off. one branch in the state will close in the glen burnie. a new annapolis fire department is getting over $200,000 in a grant from fino. congressmen -- fema. congressman judge sought -- john sarbanes said it will go to upgrading the fire station. some say fema is not that generous when it comes to aid for victims of superstore sandy. >> maryland woke up to this headline -- u.s. denies aid to more storm victims. this is the picture of the face of maryland during the storm. >> barbara mikulski spoke earlier at the senate appropriations subcommittee on hurricane sandy disk -- expressing her disbelief they denied the r
loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue for everyone. more downsizing -- news from citigroup. they announce they are cutting 11,000 jobs worldwide. they're closing branches. a spokesperson says less than 1% of 3600 citibank employees in maryland will be laid off. one branch in the state will...
86
86
Dec 7, 2012
12/12
by
WBAL
tv
eye 86
favorite 0
quote 0
state level, you take information from your federal taxes and put them in your state taxes. so you have to look at them into the real silos and look at them separately. >> he says he will continue to tell couples the same thing he has always told them. >> that they keep track of every dollar they put into each account or towards the household, making sure that they can account for each dollar from each individual. >> he also says that gay couples who even to get divorced could run into a state tax issues at the federal level when dividing assets. >> right now, we're following a developing story out of baltimore county. a female teenager was a salted. -- was assaulted. police sacontinued to search tht area for one suspect. the victim was taken to the hospital for treatment of what was described as a non-life- threatening injury. >> charged with sexually abusing three girls when there were students, 37-year-old clarence taylor has been suspended from his job as a daytime teacher's aide. he is accused of inappropriately touching the girls numerous times. the alleged abuse happe
state level, you take information from your federal taxes and put them in your state taxes. so you have to look at them into the real silos and look at them separately. >> he says he will continue to tell couples the same thing he has always told them. >> that they keep track of every dollar they put into each account or towards the household, making sure that they can account for each dollar from each individual. >> he also says that gay couples who even to get divorced could...
205
205
Dec 6, 2012
12/12
by
WBFF
tv
eye 205
favorite 0
quote 0
taxes. negotiations between the white stalled. president obama says he will not sign a bill "without" a taxxincrease on incomes over two hundred fifty thousand dollars or more. offer by republican john boehner has not only been rejected by theeadministration party. if a deal sn't made by december thirty-first, automatic tax increases and budget cuts will kiik in by the new year. sooe maryland leaders are speaking out against the fedd' decision to deny aid to hurriiane sandy victims in ur hundreds of residents along the eastern shore were devvstated whennsuperstorm sandy unleashed her fury in pctober. bbt according to the federal emergeecy management agency... tte damage wasn't enough tt warrrnt áindividualá aid. at a senatt aappopriations hearing today... senators barbara challenged fema leaders to re-think their decisson. 1:24 we in maryland have sooe of the most prosperous counttes in america but we also haae someeof the most &ppoor and that's who got hit b this storm 33 governor marrin o'malley has already vowed to appeal fem
taxes. negotiations between the white stalled. president obama says he will not sign a bill "without" a taxxincrease on incomes over two hundred fifty thousand dollars or more. offer by republican john boehner has not only been rejected by theeadministration party. if a deal sn't made by december thirty-first, automatic tax increases and budget cuts will kiik in by the new year. sooe maryland leaders are speaking out against the fedd' decision to deny aid to hurriiane sandy victims in...
89
89
Dec 6, 2012
12/12
by
WTTG
tv
eye 89
favorite 0
quote 0
he visited a home in fall's church to talk with one family about how ending the bush-era tax cuts for the middle class would affect them. the high school teacher tiffany santana shares the house with her parents, her husband and her son. she recently contacted the white house about how paying $2,200 more in taxes would hurt them financially. >> if this family has a couple of thousand dollars left to spend, that translates into $200 billion of less consumer spending next year and that is bad for businesses large and small. >> president obama said that he supports keeping the bush-era tax cuts for the middle class but ending them on incomes over $250,000. lawmakers have until january 1st to strike a deal. >>> just a short time ago the national christmas tree was lit. president obama and the first family joined a star-studded cast to help usher in the holiday season. sue palka was there and joins us live tonight from the ellipse. hi, sue. >> reporter: you're catching me at a perfect time. we're into the entertainment. we just had jason moraz leave the stage. he's a terrific performer and
he visited a home in fall's church to talk with one family about how ending the bush-era tax cuts for the middle class would affect them. the high school teacher tiffany santana shares the house with her parents, her husband and her son. she recently contacted the white house about how paying $2,200 more in taxes would hurt them financially. >> if this family has a couple of thousand dollars left to spend, that translates into $200 billion of less consumer spending next year and that is...
115
115
tv
eye 115
favorite 0
quote 0
bush era tax cuts must be extended for all americans. the stan stand -- stand off and the debt concerns ryan skenke. he's the guidancing with the cochair of the president's deficit commission alan simpson. the group is working to get young people involved in fixing the debt crisis. >> we're trying to connect with our generation in a different way. we're using humor to hook them in and get them to learn about this issue and understand how it effects their lives. >> they want to sign up more than 2 million people to put pressure on both sides. in washington danielle noting ham wjz eyewitness news. >> former senator allen simple -- simpson said the deal must include new revenue and spending cuts. he called it stupidity to speculate on which party has more to lose. >>> across the pond in london the duchess of cambridge was discharged from the hospital this morning. she is pregnant and was hospitalized because she's been experiencing acute morning sickness. she was smiling this morning. kate is now back home in the palace for some more rest a
bush era tax cuts must be extended for all americans. the stan stand -- stand off and the debt concerns ryan skenke. he's the guidancing with the cochair of the president's deficit commission alan simpson. the group is working to get young people involved in fixing the debt crisis. >> we're trying to connect with our generation in a different way. we're using humor to hook them in and get them to learn about this issue and understand how it effects their lives. >> they want to sign...
111
111
Dec 6, 2012
12/12
by
WUSA
tv
eye 111
favorite 0
quote 0
santana family, a family the president says would be hit hard if congress doesn't extend middle class tax cuts. >> a couple thousand dollars means a couple months' rent for this family. for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> at a senate hearing today one economist backed the republican plan. he testified he can't imagine anyone looking at the president's proposal arguing it wouldn't throw the country into a recession. >> while the impact of going over that fiscal cliff will be far and wide, there's one local jurisdiction that is especially vulnerable. massive spending cuts could lead to huge reductions in federal contractors and that would be a devastating blow to fairfax county. peggy fox explains. >> reporter: northern virginia is the economic engine of the state. what is it that's transformed and built the economy? federal contracting. from 1980 through 2009 federal contracting in northern virginia increased from $1.7 billion to 38.5 billion,
santana family, a family the president says would be hit hard if congress doesn't extend middle class tax cuts. >> a couple thousand dollars means a couple months' rent for this family. for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> at a senate hearing today one economist backed the republican plan. he testified he can't imagine anyone looking at...
365
365
Dec 1, 2012
12/12
by
KNTV
tv
eye 365
favorite 0
quote 0
rates, we're not going to increase tax rates. and we want to do something about the spending problem. >> reporter: aides say senate minority leader mcconnell laughed after tim geithner showed him the offer thursday. today, confl republican goals remain the same, they say, serious entitlement reform, including higher premiums for the wealthy, and increases in the eligibility wage, with the clock ticking, both sides are working. >> all of us will have to get out of our comfort zones to make it happen. >> reporter: now also a part of the president's plan ending congressional oversight of the debt limit, one aide says it is a pipe dream. lawmakers are scheduled to recess in just two weeks, and tonight, brian, the negotiations are deadlocked. >> sooner or later the deadlines have to work out. >>> now, the powerball jackpot. today we got to meet one set of winners but there is mystery surrounding the second winner. nbc kerry sanders with us from the hometown of one very lucky family in dearborn, good evening, kerry. >> reporter: well,
rates, we're not going to increase tax rates. and we want to do something about the spending problem. >> reporter: aides say senate minority leader mcconnell laughed after tim geithner showed him the offer thursday. today, confl republican goals remain the same, they say, serious entitlement reform, including higher premiums for the wealthy, and increases in the eligibility wage, with the clock ticking, both sides are working. >> all of us will have to get out of our comfort zones...
129
129
Dec 6, 2012
12/12
by
WUSA
tv
eye 129
favorite 0
quote 0
go up $12,000. $64,000 to $108,000, taxes $3500 a year. that's a category in which this family of woodbridge falls, a family already cutting back. >> i think it will put any future plans that we might have on hold of let's say fixing some electrical in our house. that's an immediate need we have and we can't do it right now. >> they have no idea how their choices and their fighting and bickering affect the rest of us. >> reporter: no deal and they affect the rest of us as vice president cheney used to say big time in just 26 days. gary nurenberg, 9news. >>> well, get ready for $100 billion in spending cuts. that's what the white house budget office is telling federal agencies to do if there is no agreement on the fiscal cliff. we have dedicated our entire news department to track this story and be ready with alerts on the air and on the web. every day we feature stories that will show you how you will be affected if the federal government does go over that fiscal cliff. you can get alerts sent straight to your phone about the fiscal cliff
go up $12,000. $64,000 to $108,000, taxes $3500 a year. that's a category in which this family of woodbridge falls, a family already cutting back. >> i think it will put any future plans that we might have on hold of let's say fixing some electrical in our house. that's an immediate need we have and we can't do it right now. >> they have no idea how their choices and their fighting and bickering affect the rest of us. >> reporter: no deal and they affect the rest of us as vice...
137
137
Dec 5, 2012
12/12
by
WBAL
tv
eye 137
favorite 0
quote 1
. >> the stalemate comes as both parties remain at odds on whether to raise taxes on the welty and how deep to cut entitlement programs like social security and medicare. >> just because we're at a stalemate doesn't mean we won't get to a deal. >> they explain that grand standing is part of the play book. >> they will use every day between christmas and new years to push back and forth to have each side air their grievances. >> lawmakers left town for a long weekend. except -- >>i will be here and will be available to sit down with the president. >> the white house did not say when the president will sit down with speaker boehner but we know that the president will hit the road to make his case on the fiscal cliff in detroit. >> the sheriff's office is trying to figure out what caused a vehicle to veer you have a the road and down an embankment. we were above the scene along winters run road just along singers run road. they had to free the 21-year-old male driver. rescuers used a hook and ladder truck to hoist the man from the rescreen and back on the road. no word on that man's condi
. >> the stalemate comes as both parties remain at odds on whether to raise taxes on the welty and how deep to cut entitlement programs like social security and medicare. >> just because we're at a stalemate doesn't mean we won't get to a deal. >> they explain that grand standing is part of the play book. >> they will use every day between christmas and new years to push back and forth to have each side air their grievances. >> lawmakers left town for a long...
94
94
Dec 7, 2012
12/12
by
CSPAN
tv
eye 94
favorite 0
quote 0
pays a lot of money in payroll taxes and sales taxes and state and local taxes and property taxes. it adds up even if they're not paying income tax. host: how would you compare the current talks to july 2011 and the debt limit, fiscal cliff, sequestration -- guest: the debt limit talks definitely set the stage for this. they were not completely without value. i get the sense it is a lot more serious now. it has almost been like a year- and-a-half long negotiation. with the real deadline being the expiration of the bush tax cuts at the end of this year. to some extent, now they're getting to the real deadline and it is more serious. host: have you written one of the, if we go over the cliff, this is what happens-type article? guest: yes. people would probably start feeling it in their paychecks pretty quickly. never mind what it means to the broader economy. it will hit. it will hurt a lot of people. if we did not change the law and it went one month, two months, three months, it could lead to another recession because there be such a sharp drop in people's incomes and it would be s
pays a lot of money in payroll taxes and sales taxes and state and local taxes and property taxes. it adds up even if they're not paying income tax. host: how would you compare the current talks to july 2011 and the debt limit, fiscal cliff, sequestration -- guest: the debt limit talks definitely set the stage for this. they were not completely without value. i get the sense it is a lot more serious now. it has almost been like a year- and-a-half long negotiation. with the real deadline being...
70
70
Dec 6, 2012
12/12
by
WUSA
tv
eye 70
favorite 0
quote 0
. >>> a masked man ambushes and then sexually taxes a female clerk. it happened late -- attacks a female clerk. it happened late last night at the econo lodge in woodbridge. this sounds particularly violent. >> reporter: incredibly brutal because the woman was attacked on the stairwell, knocked unconscious and then sexually assaulted. this woman thought she was just helping a hotel guest, but instead faced a man wielding a knife. >> this is one where it's random and to the point where she's unconscious and the assault occurs. this is probably one of the most severe cases that we've had. >> reporter: police say the 33- year-old motel clerk received a call just after 10:00 last night. the caller said he was locked out of a second floor room and needed to get back in. the woman went out to help. when she got to the stairwell, a masked man with knife came from behind and forced her into the very room she was called to let someone in, a room that was kay vanity. >> she was rendered un-- vacant. >> she was rendered unconscious either from shock or assault a
. >>> a masked man ambushes and then sexually taxes a female clerk. it happened late -- attacks a female clerk. it happened late last night at the econo lodge in woodbridge. this sounds particularly violent. >> reporter: incredibly brutal because the woman was attacked on the stairwell, knocked unconscious and then sexually assaulted. this woman thought she was just helping a hotel guest, but instead faced a man wielding a knife. >> this is one where it's random and to the...
89
89
Dec 6, 2012
12/12
by
WUSA
tv
eye 89
favorite 0
quote 0
go up $100. 40 to 64,000, taxes up 64,000. 64 to 10,000, taxes up 3500 a year. that's the category into which the sean and jody watson family of woodbridge fall. a family already cutting back. >> i think it just will put any future plans that we might have on hold, let's say fixed income electrical. >> they have no idea how their choith and fighting affect the rest of us. >> reporter: no deal, and they affect the rest of us, as vice president chain knee used to say, big-time, in just 27 days. >> we just checked and there still has been no arrest in the murder of 14-year-old reyes, the teenager shot this morning. reyes was walking with two other folks when somebody drove by and started shooting. police say two of those people are document gang members and they believe the shooting is gang related. the car used in the shooting has been recovered. no suspects. >>> a gun was found inside a student's locker in fairfax today. a letter about it was sent home to parents. it stated the suspects involved have been questioned and discipline near action will be taken. >>> f
go up $100. 40 to 64,000, taxes up 64,000. 64 to 10,000, taxes up 3500 a year. that's the category into which the sean and jody watson family of woodbridge fall. a family already cutting back. >> i think it just will put any future plans that we might have on hold, let's say fixed income electrical. >> they have no idea how their choith and fighting affect the rest of us. >> reporter: no deal, and they affect the rest of us, as vice president chain knee used to say, big-time,...
90
90
tv
eye 90
favorite 0
quote 0
the president raises taxes on the top 2% to raise 1.6 billion in revenue while the gop wants to close tax loopholes to raise half as much. >> there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> we can probably solve this in about a week. it's not that tough. but we need that breakthrough that says we need to do a balanced plan. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year, to get their way on tax and spending cuts. the pentagon is also preparing to make cuts if no deal is reached. the preliminary plan is to cut $500 billion in programs. the pentagon spokesman says it could force them to abandon their new military strategy. it's also likely to affect spending and military weapons. >>> melissa with some breaking news. >> at least five people have been killed in clashes in cairo overnight. we're now hearing at least 500 people have been wounded. take a look at this video just into the newsroom.
the president raises taxes on the top 2% to raise 1.6 billion in revenue while the gop wants to close tax loopholes to raise half as much. >> there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> we can probably solve this in about a week. it's not that tough. but we need that breakthrough that says we need to do a balanced plan. >> the white house says they are also...
162
162
Dec 7, 2012
12/12
by
KRCB
tv
eye 162
favorite 0
quote 0
pressed his case at the home of a middle class family in virginia today, part of his pitch to extend tax cuts for all but the very wealthy. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we update the state of the negotiations and examine the push to make changes to social security and medicare. >> brown: then, margaret warner looks at the political strife in egypt, after deadly clashes in the streets and resignations by top officials. >> woodruff: we have a battleground dispatch from a coastal city facing rising sea levels and the next big storm. >> if sandy were to come close r directly into norfolk i think we'd all be in big trouble. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high school graduation. >> we're here to make things better. we're here to tutor kids. we're here to make sure that they stay on track. we are here
pressed his case at the home of a middle class family in virginia today, part of his pitch to extend tax cuts for all but the very wealthy. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we update the state of the negotiations and examine the push to make changes to social security and medicare. >> brown: then, margaret warner looks at the political strife in egypt, after deadly clashes in the streets and resignations by top...
53
53
Dec 7, 2012
12/12
by
WUSA
tv
eye 53
favorite 0
quote 0
the bush era tax cuts were never meant to be permanent. i don't look forward to more taxes, but the hard facts is to get out of debt somebody has to pay. the other part of the cliff is spending. congress needs to pull back spending, but that's highly unlikely without being forced. i say let it fall. i'd agree if we had no other choice, but from where i sit going off that fiscal cliff represents a disastrous failure of leadership at the top level and i think we need to demand better. >>> also speaking of something better we got this simple prescription from tony. after watching all the republicans and democrats cheering together at the last washington redskin game maybe rg3 should be asked to negotiate the fiscal cliff discussions. i'm just saying. i'm wishing it was so, tony, but i think managing those characters over on pennsylvania avenue might be too much even for our rookie phenom. i'd settle for him whooping the ravens gangnam style. i also want some e-mail. the address here mailbag@wusa9.com. that is our broadcast. i'll be right back
the bush era tax cuts were never meant to be permanent. i don't look forward to more taxes, but the hard facts is to get out of debt somebody has to pay. the other part of the cliff is spending. congress needs to pull back spending, but that's highly unlikely without being forced. i say let it fall. i'd agree if we had no other choice, but from where i sit going off that fiscal cliff represents a disastrous failure of leadership at the top level and i think we need to demand better....
131
131
Dec 6, 2012
12/12
by
CSPAN
tv
eye 131
favorite 0
quote 0
tax. it's generally seen by economists as less damaging than an income tax, it's also more regress i, meaning because it's basically like a sales tax and can be applied to things like food, it will hit lower income people more than upper income people, that's why a lot of democrats don't want to adopt it, even though it's a good way to raise a lot of revenue and crow ating the social welfare state. host: if you had to propredict what's going to happen between now and the end of the year, what would you say? guest: i have a feeling they're very close. host: but congress went home yesterday. guest: the people who matter are here. the aides to boehner and obama are here. they're still working. there are times when even this week thail get frustrated -- they'll get frustrated and stop talking to each other, so i'm not sure if they're talking to each other today or not. but obama said he thinks this could be done in a week and enge he's right. host: there's a feeling about that on the hill? gue
tax. it's generally seen by economists as less damaging than an income tax, it's also more regress i, meaning because it's basically like a sales tax and can be applied to things like food, it will hit lower income people more than upper income people, that's why a lot of democrats don't want to adopt it, even though it's a good way to raise a lot of revenue and crow ating the social welfare state. host: if you had to propredict what's going to happen between now and the end of the year, what...
105
105
Nov 30, 2012
11/12
by
CURRENT
tv
eye 105
favorite 0
quote 0
tax rate which is now 35%. but i do think that you know, some republicans have floated the idea perhaps of being okay with races tax on his investment income. i think the president in his past budget definitely talked about that. and i think that in a way although so much of the focus is on raising the marginal tax rates, you know, the way that we typically think of individual income be taxed marginal tax rates and races the tacks on those is really an effective way to tax the wealthy. because the well identity disproportionately benefit from those type of low rates. >> jennifer: for sure. and, of course, we know that once they go over the fiscal cliff and those that -- that cap cal gains rate goes back to the clinton era it will be a 20% rate anyway. one way or another it's going to up. that's all i am saying. nancy took cook, thank you so much from the national journal thank you for join is us inside the war room. coming up, the car room is is not in the prediction business but we hear there is good money in
tax rate which is now 35%. but i do think that you know, some republicans have floated the idea perhaps of being okay with races tax on his investment income. i think the president in his past budget definitely talked about that. and i think that in a way although so much of the focus is on raising the marginal tax rates, you know, the way that we typically think of individual income be taxed marginal tax rates and races the tacks on those is really an effective way to tax the wealthy. because...
114
114
tv
eye 114
favorite 0
quote 0
> republicans are refusing any deal that raises taxes. the president says he'll only sign a deal that raises taxes on the wealthiest 2%. >>> there is a newest mat tonight on the cleanup costs from superstorm sandy. new jersey's governor chris christie says the storm caused $37 billion in damages to his state alone. today he made the rounds at the white house and on capitol hill. he's asking lawmakers for an additional $88$83 billion in zafltzaflt disaster aid for his state and new york and connecticut. >>> tonight dozens of couples are officially to tie the knot in maryland. governor martin o'malley signed the referendum on same-sex marriage into law. this was the first day gay and lesbian couples could pick up marriage licenses in the state. >> we're so excited that on our 30th anniversary we will be married. and how does it change our life? it just unites us completely. we always felt we were married, but now it's legal! >> same-sex marriages won't actually be legal until january 1st. last month maryland, maine and washington became the
> republicans are refusing any deal that raises taxes. the president says he'll only sign a deal that raises taxes on the wealthiest 2%. >>> there is a newest mat tonight on the cleanup costs from superstorm sandy. new jersey's governor chris christie says the storm caused $37 billion in damages to his state alone. today he made the rounds at the white house and on capitol hill. he's asking lawmakers for an additional $88$83 billion in zafltzaflt disaster aid for his state and new...
267
267
Dec 6, 2012
12/12
by
KQED
tv
eye 267
favorite 0
quote 0
but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boehner yesterday, their first direct talk in almost a week. but today white house spokesman jay carney wouldn't share details of the call. >> we believe it's in the interest of achieving an agreement not to do that. >> reporter: treasury secretary timothy geithner said ye
but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress....
126
126
Dec 7, 2012
12/12
by
WTTG
tv
eye 126
favorite 0
quote 0
he sat down with a falls church family to talk about how ending the bush era tax cuts would affect them. if they expire the end of the month, an average family of four would have to pay about $2200 in extra taxes. the president says he is in favor of extending tax breaks for people making $250,000 a year or less but not for the top 2%. >>> down on the ellipse, there was a special ceremony to light the national crime tree. >> three, two, one! >> an it was quite the turnout for the annual lighting of the tree. the president addressed the crowd and during his speech also spoke about helping the victims of superstorm sandy. m >>> we are also following developing news overseas. up next, egyptian president mohammed morsi tries to quiet protesters but is he will to back down from his power grab. >>> a major ruling in michigan that has some workers upset and could hurt the auto industry. more on that when we return. >>> michigan is now one step closer to becoming a right to work state. yesterday, the state house and senate approved bills limiting ups from collecting fees from nonunion worke
he sat down with a falls church family to talk about how ending the bush era tax cuts would affect them. if they expire the end of the month, an average family of four would have to pay about $2200 in extra taxes. the president says he is in favor of extending tax breaks for people making $250,000 a year or less but not for the top 2%. >>> down on the ellipse, there was a special ceremony to light the national crime tree. >> three, two, one! >> an it was quite the turnout...
96
96
Dec 6, 2012
12/12
by
WTTG
tv
eye 96
favorite 0
quote 0
the two sides are at a stalemate over raising taxes on incomes more than $250,000 a year. however, house majority leader erik canter says the go p is ready to quote talk specifics. >> the serian army has loaded deadly gas into aerial bombs. something president obama has strongly warned against. the military is waiting for orders from the president to deploy the chemical weapons. this morning a blast hit the headquarters as fierce fighting rages in the suburbs. the german government approved sending air defense to boarders. >>> and in egypt, violent crashes led to 40 deaths and injuries. up until now the muslim brother hood which supports president morsi and protestors have demonstrated in different areas. the two sides resorted to rocks , fire bombs and they even fired shots at each other. right now tanks are outside the presidential palace and the army told the protestors to clear out by this morning. morsi is going ahead with a vote on a new constitution. due to address the nation later today. >> happening now, students are back at school this morning at the robinson sec
the two sides are at a stalemate over raising taxes on incomes more than $250,000 a year. however, house majority leader erik canter says the go p is ready to quote talk specifics. >> the serian army has loaded deadly gas into aerial bombs. something president obama has strongly warned against. the military is waiting for orders from the president to deploy the chemical weapons. this morning a blast hit the headquarters as fierce fighting rages in the suburbs. the german government...
148
148
Dec 7, 2012
12/12
by
WUSA
tv
eye 148
favorite 0
quote 0
and international markets but if funding drops out, buildings will go empty and commercial property taxes which fuel the county's economy will decline. >> we want to balance the approach to help us get out of this. it will have a significant impact on fairfax county if congress does nothing. >> reporter: in fairfax county, peggy fox, 9news. >> the biggest expenditure for fairfax and other local counties is the school budget. less money for the county will mean less money for schools. >>> we've dedicated our entire news department to track this story and be ready with alerts on air and on the web. every day we're featuring of course that show how you will be affected should we go over that fiscal cliff. you can get alerts sent straight to your phone about all of our fiscal cliff notes by texting the cliff to 25543. >>> more than $2 billion, that is the staggering amount of money spent on the presidential campaign according on campaign finance records. that includes nearly $86 million in fund raising by mitt romney's campaign in the final weeks of the election. a good portion was used on me
and international markets but if funding drops out, buildings will go empty and commercial property taxes which fuel the county's economy will decline. >> we want to balance the approach to help us get out of this. it will have a significant impact on fairfax county if congress does nothing. >> reporter: in fairfax county, peggy fox, 9news. >> the biggest expenditure for fairfax and other local counties is the school budget. less money for the county will mean less money for...
149
149
Dec 7, 2012
12/12
by
WUSA
tv
eye 149
favorite 0
quote 0
but republicans favor tax reform instead. they say raising taxes on the wealthy could hurt business. the other solution, possible solution involves raising the debt ceiling. president obama advice sid a falls church -- visited a falls church family. the president says it's imperative that congress act now. >> it's very important that we get this done now. that we don't wait. we're in the midst of the christmas season of the american people are counting on this getting solved. the closer it gets to the brink, the more stressed they're going to be good by demanding the power to raise the debt ceiling whenever he wants by as much as he wants, he showed what he's really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> reporter: senator mitch mcconnell talking about the debt ceiling and the president's proposal to raise the debt ceiling. we'll have more on that debate coming up at 6:30. back to you. >>> we have dedicated our entire news department to track this story. we're ready with a
but republicans favor tax reform instead. they say raising taxes on the wealthy could hurt business. the other solution, possible solution involves raising the debt ceiling. president obama advice sid a falls church -- visited a falls church family. the president says it's imperative that congress act now. >> it's very important that we get this done now. that we don't wait. we're in the midst of the christmas season of the american people are counting on this getting solved. the closer...
91
91
Dec 7, 2012
12/12
by
WTTG
tv
eye 91
favorite 0
quote 0
the tax -- the attack in rice hall on tuesday. the burglary happened in the ivory tower hall yesterday afternoon. >>> a montgomery county high school student accused of trespassing is now charged for bringing an unloaded gun to school. police arrested the teen thursday morning at magruder high school. they are charging the teen as an adult for carrying a dangerous weapon on a high school campus. the student did not have any ammunition. >>> dozens of d.c. police officers working in a specialized narcotics task force are being redeployed to help fight robberies in the city. police chief kathy lanier says the officers will no longer be working together. instead, they will be fanned out to the seven police districts. it's move being slam. ed by the fraternal order of police. chairman christopher baumann says the narc on the ins strike force brought an expertise to undercover operations that will be difficult to match. >> because the department hasn't told anybody internally or put anything in writing as usual, we don't know exactly wh
the tax -- the attack in rice hall on tuesday. the burglary happened in the ivory tower hall yesterday afternoon. >>> a montgomery county high school student accused of trespassing is now charged for bringing an unloaded gun to school. police arrested the teen thursday morning at magruder high school. they are charging the teen as an adult for carrying a dangerous weapon on a high school campus. the student did not have any ammunition. >>> dozens of d.c. police officers...
78
78
Dec 6, 2012
12/12
by
WMAR
tv
eye 78
favorite 0
quote 0
they will still be considered as single for state income tax purposes. so once again, a lot of folks are expected to be lining up at the courthouse here today for the same sex marriage licenses. reporting live in downtown baltimore, sherrie johnson, abc2 news. >>> "gq" magazine named ravens' linebacker brendan abuoyant day joe the gay of the year. he was criticized for doing so. the vikings' punter chris kluwe was also awarded for the honor. he's been very outspoken about his support for equal rights for same sex couples. >>> breaking news, kate middleton is out of the hospital. the pregnant duchess was released this morning after being treated for severe morning sickness. we got this video in just a few moments ago and now megan you have to remember the duchess' pregnancy is still very much in the early stages. >> not yet past the first trimester and the palace is not ready to announce a due date for the baby. it will be next in line to the british throne after prince william and prince charles the grandfather. >>> news time right now five minutes after
they will still be considered as single for state income tax purposes. so once again, a lot of folks are expected to be lining up at the courthouse here today for the same sex marriage licenses. reporting live in downtown baltimore, sherrie johnson, abc2 news. >>> "gq" magazine named ravens' linebacker brendan abuoyant day joe the gay of the year. he was criticized for doing so. the vikings' punter chris kluwe was also awarded for the honor. he's been very outspoken about his...
137
137
Dec 7, 2012
12/12
by
WTTG
tv
eye 137
favorite 0
quote 0
rates. >> going over the fiscal cliff also means the 2% payroll tax holiday would expire. it would mean cuts in unemployment benefits for millions of families. lawmakers have until december 31st to agree on a deal. >>> as we reported earlier this evening, the president took a break to join the first family for the lighting of the national christmas tree on the ellipse. as fox 5's bob barnard tells us, others there say that icy chill in the air needs to thaw if we're ever going to avoid that fiscal cliff. >> reporter: yes, the president and malia obama with sasha and first lady michelle leading a chorus of santa claus is coming to town. >> one. >> reporter: the ceremony of music and lights as the national christmas tree comes to life. >> i'm so excited for christmas. i can feel christmas already now. >> reporter: but the holiday cheer, the spectacle of this illuminating tradition tempered by thoughts of the looming fiscal cliff. >> he's making us wait a little bit. >> reporter: this is 6-month- old evan nicolsky. his father neil works for the department of agriculture. >> w
rates. >> going over the fiscal cliff also means the 2% payroll tax holiday would expire. it would mean cuts in unemployment benefits for millions of families. lawmakers have until december 31st to agree on a deal. >>> as we reported earlier this evening, the president took a break to join the first family for the lighting of the national christmas tree on the ellipse. as fox 5's bob barnard tells us, others there say that icy chill in the air needs to thaw if we're ever going to...
102
102
Dec 6, 2012
12/12
by
CSPAN
tv
eye 102
favorite 0
quote 0
as i just indicated, it includes a $2 trillion tax increase over ten years, the biggest real-dollar tax increase in u.s. history. it increases taxes on nearly one million small businesses in the middle of a jobs crisis. according to ernst & young, this type of rate hike would cause more than 700,000 americans to lose their jobs. it raises taxes on investment income, harming economic growth even more. it includes tens of billions of dollars in more washington spending in a deal supposedly to cut the deficit. and most outrageous of all, it gives the president of the united states unilateral power to raise the limit on the federal credit card, the so-called debt ceiling, whenever he wants or as much as he wants. and while i'm flattered the administration has taken to calling this the -- quote -- "mcconnell provision" they seemed to have forgotten how this worked in the budget control act. we gave the president the authority then to request a debt ceiling increase, but that was only after the white house agreed to $2 trillion in cuts to washington spending and agreed to be bound by the timi
as i just indicated, it includes a $2 trillion tax increase over ten years, the biggest real-dollar tax increase in u.s. history. it increases taxes on nearly one million small businesses in the middle of a jobs crisis. according to ernst & young, this type of rate hike would cause more than 700,000 americans to lose their jobs. it raises taxes on investment income, harming economic growth even more. it includes tens of billions of dollars in more washington spending in a deal supposedly to...
141
141
Nov 30, 2012
11/12
by
MSNBCW
tv
eye 141
favorite 0
quote 0
democrats bet republicans cave on taxes. how confident are democrats that they're going to win this thing, they'll make this happen. >> they feel like this looks like the 2011 payroll tax. remember at the time house republicans were not going to pass that extension to that payroll tax holiday, but they felt boxed in at the end of the day and they eventually had to do what the president wanted. democrats believe that they have the issue here, they have a bill that passed out of the senate. they think the house will adopt it. the republicans say there is just no way that's going to happen, that in order to get any sort of deal on revenue, democrats have to -- >>> have a fantastic weekend, gentlemen. coming up, we're following developing news from the supreme court where we're waiting to hear if the high court takes up several major challenges to same-sex marriage. plus -- >> i was positioning is that the right newspapers, is that the right numbers. and i was shaking. and i called my husband and i said i think i'm having a hear
democrats bet republicans cave on taxes. how confident are democrats that they're going to win this thing, they'll make this happen. >> they feel like this looks like the 2011 payroll tax. remember at the time house republicans were not going to pass that extension to that payroll tax holiday, but they felt boxed in at the end of the day and they eventually had to do what the president wanted. democrats believe that they have the issue here, they have a bill that passed out of the senate....
55
55
tv
eye 55
favorite 0
quote 0
again, we say there's no prospect for an agreement that doesn't involve those tax rates going up. remember, it's 2%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday. this as the impasse here on capitol hill continues and the nation waits. social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end of the year as part of the fiscal cliff. >> we don't want to see our public hurt in any way. >> just down the road in washington, d.c., the standoff continues. house speaker john boehner says he's still wa
again, we say there's no prospect for an agreement that doesn't involve those tax rates going up. remember, it's 2%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call...
100
100
Nov 30, 2012
11/12
by
CNBC
tv
eye 100
favorite 0
quote 0
. >> we shall not raise taxes in this country. we do not have a revenue problem. i would like senator mcconnell to recognize that the washington leaders are like a bunch of crack addicts. they need evermore money for evermore growing government and it is at the expense of the ordinary citizen that they pursue these policies. >> reporter: but the brighter those lines are drawn, the harder it will be to get a deal. owen williams worked more than 20 years on wall street. now he runs a small college here that sits on the board of the henry clay center for statesmanship. the way to a solution, he says, is for both sides to have a voice. >> both have taken the attitude that it's my way or the highway. and americans recognize that that's just not the way things typically get done in this country. and if we continue along that line, we will go over the fiscal cliff and who knows what the abyss beyond it will be like. >> reporter: the united states senate's always valued its reputation as the world's greatest deliberative body set apart fr
. >> we shall not raise taxes in this country. we do not have a revenue problem. i would like senator mcconnell to recognize that the washington leaders are like a bunch of crack addicts. they need evermore money for evermore growing government and it is at the expense of the ordinary citizen that they pursue these policies. >> reporter: but the brighter those lines are drawn, the harder it will be to get a deal. owen williams worked more than 20 years on wall street. now he runs a...
81
81
Dec 6, 2012
12/12
by
WTTG
tv
eye 81
favorite 0
quote 0
they are talking about what we have to do on taxes. somewhere along the line we have to talk about what we have to do on spending. if you do as the president asks and that is raise taxes on the top 2%, it funds the government for 8 days. you can't get there with just that. they are saying part of an overall deal. that's to include substantial spending cuts and particularly reforms and entitlements that is sure we can keep those programs alive in the years ahead. >> i want to ask both of you about tim gietner. is the white house ready to go over the fiscal cliff? and he said absolutely. is that digging in or a scare tactic? i was surprised to hear him say that. >> one of the biggest criticisms of president obama and the administration has been they tend to negotiate against themselves. i'm at this position and a week later i'm at this position. what he's trying to do is show their hardening their stance but in the end they will make a deal. it's hard to raise $1.6 trillion in revenues. most of the deals we've seen that were working were
they are talking about what we have to do on taxes. somewhere along the line we have to talk about what we have to do on spending. if you do as the president asks and that is raise taxes on the top 2%, it funds the government for 8 days. you can't get there with just that. they are saying part of an overall deal. that's to include substantial spending cuts and particularly reforms and entitlements that is sure we can keep those programs alive in the years ahead. >> i want to ask both of...
126
126
Dec 5, 2012
12/12
by
CSPAN
tv
eye 126
favorite 0
quote 0
host: the estate tax or the capital gains tax? guest: the estate tax. asset, you payn capital gains. guest: right. host: we have this comment on twitter from james. guest: corporations would say the businesses are already being taxed. folk should not be taxed for investing in their business. host: double taxation. guest: that is the argument. when people die, they are being taxed again. that is the essence of the argument against the estate tax. host: can you start over? caller: a quick question about the comments of the 401(k). i used to work for a cpa firm. i understand they are income tax deferred instruments. when you take it out, the tax you pay is income tax. the assumption is the rate would be lower. let's say the rate is 25% when you retire. that is higher than the current cap gains tax rate. ordoes not apply to 401(k)'s any other income tax deferred instrument. when you take them out, you pay taxes on them. guest: that is correct. you pay income tax and presumably when you retire, you are at a lower tax rate and that is the advantage. it is a s
host: the estate tax or the capital gains tax? guest: the estate tax. asset, you payn capital gains. guest: right. host: we have this comment on twitter from james. guest: corporations would say the businesses are already being taxed. folk should not be taxed for investing in their business. host: double taxation. guest: that is the argument. when people die, they are being taxed again. that is the essence of the argument against the estate tax. host: can you start over? caller: a quick...
161
161
Dec 6, 2012
12/12
by
CNBC
tv
eye 161
favorite 0
quote 0
>> the tax code says sell apple. if you own it in a taxable account, i feel you've been given a fantastic opportunity to pay a lower tax rate on your profits than you will in a few week's time. given that i think many people own apple in their taxable or "mad money" accounts, it might be in the cross hairs of the fiscal cliff. you combine the greatest capital gains generator out there of all time in the change of tax code of uncertain proportions, it's almost impossible to justify not selling. those people then impact the chart and the chart is signaled code red and causes the institutions to worry that, perhaps, the stock can bring down the performance, which brings in still more selling. >> sell, sell, sell! >> it's a vicious cycle down. it makes a ton of sense. let's talk about what can happen here. year end, 2013, it will be too late to sell to get the tax break. we'll find out, i believe, that apple's ipad sales are through the roof, including the mini, the iphone will have bigger sales than thought in the u.s.
>> the tax code says sell apple. if you own it in a taxable account, i feel you've been given a fantastic opportunity to pay a lower tax rate on your profits than you will in a few week's time. given that i think many people own apple in their taxable or "mad money" accounts, it might be in the cross hairs of the fiscal cliff. you combine the greatest capital gains generator out there of all time in the change of tax code of uncertain proportions, it's almost impossible to...
87
87
Dec 5, 2012
12/12
by
WTTG
tv
eye 87
favorite 0
quote 0
reporter: republicans, like virginia's eric cantor, said the gop has offered plans that will avoid tax hikes. >> and the proposal that we sent to the president deserves a response. >> reporter: maryland congressman steny hoyer warns congressional republicans are playing with fire. >> the creditworthiness of america ought not to be put at risk. >> the president did not take part in negotiations this week. and increasing unlikely. >> it's been observed that the president has yuped his ante when it comes to tough talk about the republicans in the midst of the fiscal cliff negotiations and at one point, using the v word saying he would veto any bill coming to his desk, not including the higher taxes for wealthier households, shawn. >> thank you, tom fit gerald. >>> the cuban government is accusing washington of lying about the health of a maryland man in a cuban prison. allen gross is detained in havana for three years after being convicted of acting against the cuban government. a cuban diplomat said that gross will not be released without conditions and the government is willing to discu
reporter: republicans, like virginia's eric cantor, said the gop has offered plans that will avoid tax hikes. >> and the proposal that we sent to the president deserves a response. >> reporter: maryland congressman steny hoyer warns congressional republicans are playing with fire. >> the creditworthiness of america ought not to be put at risk. >> the president did not take part in negotiations this week. and increasing unlikely. >> it's been observed that the...